Silicon Metal Export Volume Down 19% MoM in November, Up 28% YoY Cumulatively from January-November [SMM Analysis]

SMM, December 22: According to customs data, in terms of exports, China's silicon metal export volume in November 2024 was 52,900 mt, down 19% MoM and up 11% YoY. From January to November 2024, the cumulative export volume of silicon metal was 667,100 mt, up 28% YoY. In terms of imports, China's silicon metal import volume in October 2024 was 2,200 mt, up 3% MoM. From January to November 2024, the cumulative annual import volume was 28,000 mt, with a YoY increase of 443%.

In terms of exports, 39 countries or regions were exported to in November, with the top 10 countries accounting for 43,500 mt or 82%, and the top 5 countries accounting for 31,300 mt or 59%. The rankings were as follows: Japan (11,000 mt), India (6,000 mt), South Korea (5,500 mt), the Netherlands (4,700 mt), and Thailand (4,100 mt).

In terms of imports, imports in November came from 7 countries or regions, with the main sources being Spain (860 mt), South Africa (720 mt), and France (580 mt), while the remaining quantities were less than 50 mt.

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